Auction House London

Lot 83

Terraced - Houses 

48 St. Georges Road

Coventry, West Midlands, CV1 2DL

Withdrawn Prior

A Freehold Mid Terrace House Currently Arranged as Seven Letting Rooms Subject to an Eleven Month Tenancy Producing £38,500. The property has approved planning permission for a Seven Bedroom HMO

Description

The property comprises a mid-terrace house currently arranged as a seven letting rooms over ground, first and second floors. The property has been recently refurbished.

Location

The property is situated on a residential road close to local shops and amenities and is within close proximity to Coventry town centre, Coventry University, Coventry and Warwickshire hospital & Jaguar Land Rover production site. Transport links are provided by Coventry rail station.

Accommodation

Ground Floor
Reception Room with Open Plan Kitchen
Two Bedrooms with En-Suite

First Floor
Three Bedrooms with En-Suite

Second Floor
Two Bedrooms with En-Suite

Exterior

The property benefits from a rear garden

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 11 months commencing 1st September 2020 at a rent of £3,500 per calendar month.

Current Rent Reserved

Current Rent Reserved £38,500 per annum (11 month AST)

Note

We understand that an HMO licence has not been applied for yet but the Seller is confident it will be accepted as per the approved planning permission for the Seven Bedroom HMO.

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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